NOT LISTED FOR SALE

Estimated Value: $5,660,000 - $11,035,071

8 Beds
5.5 Baths
7,039 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $8,900,000 $1,264 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $57,097/month

18 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • 1.64 Acre Lot
  • Barron Park Elementary School Rated A+
  • Primary Bedroom Suite
  • Recreation Room

About This Home

As of October 2019

In a bucolic oasis in prime Palo Alto, this newly remodeled, expanded, custom estate blends timeless Spanish style with the very best of modern luxury. Offering 6 bedrooms and 4.5 baths across 6,282 sq. ft. of living space (per plans), plus a 2-bed, 1-bath, 757 sq. ft. guest home (per plans), this idyllic estate rests on a lot of nearly 1.65 acres (per county), the second-largest lot in all of Palo Alto east of Foothill Expressway. Soaring ceilings and large windows create a bright, airy ambiance, while spacious formal rooms invite entertaining, family and recreation rooms provide comfortable venues, and a gourmet kitchen stands ready to cater dinner parties on a grand scale. Enjoy the privacy of the master suite with a spa-like en suite bath, and find serenity amongst the trees that populate the peaceful grounds. Feel miles away from it all, yet be just a short trip to downtown Palo Alto, Bol Park, and enjoy access to acclaimed Palo Alto schools (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 09/26/2019

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 09/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,080

Year Built

  • Built in 1986

Lot Details

  • 1.64 Acre Lot
  • Security Fence
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as REB4

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 7,039 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Skylights in Kitchen
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Area
  • Recreation Room
  • Loft
  • Utility Room
  • Neighborhood Views
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Pool

  • Private Pool
  • Fiberglass Spa

Outdoor Features

  • Balcony
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 137-17-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,080

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 7039
  • Year Built: 1986
  • Zoning Description: REB4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Built-in BBQ Grill, Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Freezer, Hood Over Range, Ice Maker, Island with Sink, Microwave, Oven - Gas, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 7039
  • Stories: 2
  • Security: Security Fence
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (220V), Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Laundry Room, Loft, Recreation Room, Storage, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 8
  • Minimum Numberof Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Steam Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab
  • Pool Description: Spa - Fiberglass
  • Roof: Clay, Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Construction Type: Stone, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Room for Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Barron Park Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 310
  • Middle School: 323

Lot Info

  • Parcel Number: 137-17-009
  • Lot Acres: 1.6401
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 71441.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 71441.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Second Unit Description: Guest House

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Barron Park Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Ellen Fletcher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 14, 2019
Sold by
953 Roble Ridge Llc
Bought by
Buelow Roble Ridge Llc
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$7,988,000
Sold Price
$8,900,000
Premium/Discount to List
$912,000
11.42%
Current Estimated Value
$8,951,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,690
Avg. Annual Appreciation
-0.36%

Purchase Details

Listed on
Feb 16, 2014
Closed on
Feb 4, 2015
Sold by
Klimp John M and Klimp Nancy O
Bought by
953 Roble Ridge Llc
Seller's Agent
Michelle Taser
Golden Gate Sotheby's International Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$5,898,000
Sold Price
$5,600,000
Premium/Discount to List
-$298,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$3,640,000
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2006
Sold by
Klimp John M and Klimp Nancy O
Bought by
Klimp John M and Klimp Nancy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2000
Sold by
Klimp John M and Klimp Nancy O
Bought by
Klimp John M and Klimp Nancy O

Purchase Details

Closed on
Sep 18, 1998
Sold by
Klimp John M and Klimp Nancy O
Bought by
Klimp John M and Klimp Nancy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Buelow Roble Ridge Llc $8,900,000 Chicago Title Company
953 Roble Ridge Llc $5,600,000 North American Title Co Inc
Klimp John M -- Financial Title Company
Klimp John M -- Financial Title Company
Klimp John M -- --
Klimp John M -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 953 Roble Ridge Llc $330,000
Previous Owner 953 Roble Ridge Llc $500,000
Previous Owner 953 Roble Ridge Llc $3,640,000
Previous Owner Klimp John M $0
Previous Owner Klimp John M $500,000
Previous Owner Klimp John M $3,000,000
Previous Owner Klimp John M $2,762,500
Previous Owner Klimp John M $2,700,000
Previous Owner Klimp John M $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $8,900,000 +11.4% $1,264 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $7,988,000 +42.6% $1,135 / Sq Ft
02/23/2015 02/23/15 Sold $5,600,000 -5.1% $1,011 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $5,898,000 -- $1,065 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $115,080 $9,906,636 $8,530,438 $1,376,198
2024 $115,080 $9,712,389 $8,363,175 $1,349,214
2023 $113,401 $9,521,951 $8,199,192 $1,322,759
2022 $112,117 $9,335,247 $8,038,424 $1,296,823
2021 $109,759 $9,139,204 $7,880,808 $1,258,396
2020 $105,730 $8,900,000 $7,800,000 $1,100,000
2019 $73,117 $6,076,387 $4,013,281 $2,063,106
2018 $70,579 $5,915,087 $3,934,590 $1,980,497
2017 $69,344 $5,799,106 $3,857,442 $1,941,664
2016 $67,539 $5,685,399 $3,781,806 $1,903,593
2015 $11,230 $885,127 $271,713 $613,414
2014 $10,943 $867,790 $266,391 $601,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81770124

MLSListings

APN: 137-17-009